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Assignment-02 Review of the Trial Balance (prepared as per Assignment 01) and books of Accounts...

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Accounting

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Assignment-02 Review of the Trial Balance (prepared as per Assignment 01) and books of Accounts of 'Al Kareem Consulting & Co' reveals the following. 1. It is found that 50% of the service relating to the Sum received for 'services to be performed in the coming days'Ihas been rendered. 2. Etisalat mobile phone bill amounting to 300 are yet to be paid. 3. Depreciated the car by AED 500 and Furniture by 5% of the cost. 4. Wages amounting to 400 have not yet been paid. 5. 60% of the Amounts due from accounts receivable have been directly paid to Kareem, which were not accounted in the Books. Kareem had not remitted the same to the Cashier. Pass Adjusting Entries, prepare ledger accounts and adjusted Trial Balance

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